Abu Dhabi / WAM The United Arab Emirates has expressed its strong condemnation and categorical rejection of an announcement by Israeli Prime Minister Benjamin Netanyahu on the planned annexation of land from the occupied West Bank to Israel in the event of an election win. HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, stated ...

Bloomberg Ministers from Opec+ are gathering in Abu Dhabi with deeper production cuts off the agenda for now, but with a backdrop of growing concern about strength of oil demand as the global economy slows. Crude lurked in the low $60s for most of the summer as escalating tensions between the US and China and increasing fears of a looming ...

ABU DHABI / WAM The total value of three-month deposits in UAE banks amounted to AED532bn in July, 2019, a 6.2 percent growth of AED31.22bn as compared to the preceding month. According to the CBUAE’s figures, three-months deposits, which have been steadily growing over the recent months, account for 55.3 percent of total deposits held by UAE banks, driven by ...